New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-05

able and willing once consent TO assume the
rasnons;bjlity Peace between the Baltimore
and Ohio and other trunk lines would mean
50 much to all, and the adjustment OF te o
graph and other matters has become so neccs-
sary to the main property Of the Baltimore ana
Ohio that the results Of the arrangements cah
he ANTICIPATED with some confidence. Finally,
this arran cement and the one effected for the
Oregon Transcontinental virtually bring many
millions Of unemployed foreign capital TO the
support Of American trade, and Thus maueriany
change the monetary prospect
Gold which has already arrived from Eurone,
about So. 400 600 last week, paid of cen
siderable part of the $3.50, 100 loans reported
by the banks as disc harged in their weekly
statements, and further large ship rients from
the other side are already reported. Inc
Treasury. in spite of all the methods employed.
does not get ont as much cash as it takes LII
last week it absorbed 5000, 900 gold and legai
tenders and put out 100000 more silver
But foreign supplies are rendered. more hpera'.
not only by the operation of syndlcates anu
the negotiation of securities, but by the I'M
proyement Of exports which for the rose FOUR
weeks from New-Yorlx have lightly exceeded
those for the same weeks last year, while the
excess of imports has diminished, ana ior hVo
weeks past at New York has ony been If pr
cent Presumably the Baltimore ana Oilo
adjustment has been exceedingly dcslIaoio W
holm forward the reconstrIE ton OF Readins.
through which the supplies Of foreign cardca
may he further increased, and the expectation
If a large and long advance in prices may iead
70 considerable SPECULATION and investment IN
American securities by miscellaneous foreign
capitalists. .;.h
The sale of the California wheat on when
hunks had loaned at Liverpool and San ra"-
,;seo though Mt prices which would have been
Thought low three weeks ago, cleaed away
another cause Of serious Apprehension anu
olcned the way for little recovery III 'n"
price Conflicting reports about IN uiy ioiO
corn and pork products shade lower 'h'n a
week ago, and oats were quarter lower wI'h
butter ?ni cheese unchanged and eggs nan
cont higher. Harm TO the cotton crop pisoi-
Gcs last weeks advance of - cents per loo
Mounds. and coffee advanced an eighth, sugar
s;xtoenth and oil = Ia cents While sales
If steel rails for winter delivery at S3o 80 are
announced, prices of iron products generaiiy
are unchan ged, but offers oil Southern run w
affect the market for some grades, both a'
the East and at Pittsbug
The wool market is still depressed, Western
snecnlators unloading as best they cah' lor
though there is paccptib Improvement II,
the wooIIen goods trade, it has not YET suIDeu
70 set in motion the machinery that mas peen
for some months inactive. The glass "ofKeis
strike is a periodical performance, when WIZ
nrobably end about as usual, and other l'loo'
troubles appear less disturbing than usun.
Il is an encouraging fact, too. that shinnchu'
Of boots and shoes from Boston are The iargeN'
in the history of the business. ana tne o'uol'
received from districts affected by drouVh are
hotter than were expected. 1t would DC iohy
to suppose that all the effects Of drouth and Oh
excessive speculation have been suddenly re-
moved but important changes for the oe''er
have certainly been realized. which 20 iar W
clear away causes of apprehension. Men
while. exchanges and raj road earnings CON
Time TO show that the volume oil trade N oN
the whole remarkably large for the Season.